Corby Spirit and Wine (TSE:CSW.A) Share Price Crosses Below 50 Day Moving Average - Time to Sell?

Key Points

• Crossed below its 50‑day moving average: CSW.A slipped under its 50‑day MA of C$14.42 (traded as low as C$14.41) and last traded at C$14.46 on volume of 12,824 shares, a common short‑term technical sell signal.
• Solid profitability but notable leverage: The company has a market cap of C$411.66 million with a P/E of 14.04, ROE of 13.22% and net margin of 10.41%, but carries a high debt‑to‑equity ratio of 77.55 and modest liquidity (current ratio 2.34, quick ratio 1.77).
• Recent results and analyst outlook: Most recent quarter showed EPS of C$0.32 on C$66.91 million revenue, and sell‑side analysts project about C$0.99 in EPS for the current year.

Corby Spirit and Wine Ltd (TSE:CSW.A - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$14.42 and traded as low as C$14.41. Corby Spirit and Wine shares last traded at C$14.46, with a volume of 12,824 shares changing hands.

Corby Spirit and Wine Stock Performance

The company has a debt-to-equity ratio of 77.55, a quick ratio of 1.77 and a current ratio of 2.34. The business has a 50 day moving average price of C$14.42 and a two-hundred day moving average price of C$14.24. The company has a market cap of C$411.66 million, a P/E ratio of 14.04 and a beta of 0.30.

Corby Spirit and Wine (TSE:CSW.A - Get Free Report) last posted its earnings results on Wednesday, February 11th. The company reported C$0.32 earnings per share (EPS) for the quarter. The company had revenue of C$66.91 million for the quarter. Corby Spirit and Wine had a return on equity of 13.22% and a net margin of 10.41%. On average, sell-side analysts anticipate that Corby Spirit and Wine Ltd will post 0.99 earnings per share for the current year.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions.

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